Connect with us

Technology

Global Edge Data Centers (Metro, Mobile) Business Research Report 2024: Low-latency Processing and Real-time Automated Decision-making Solutions Fueling Demand – Forecasts to 2030

Published

on

DUBLIN, Feb. 28, 2024 /PRNewswire/ — The “Edge Data Centers Market by Type (Metro, Mobile), Component, Deployment, Organization, Application (AI, IoT, 5G & 4G, AR/VR), End-use Sector (IT & Telecommunication, Automotive, Transportation & Logistics), and Geography – Global Forecast to 2030” report has been added to  ResearchAndMarkets.com’s offering.

The global edge data centers market is expected to reach $46.4 billion by 2030, growing at a CAGR of 20.9% during the forecast period of 2023-2030.

The research report provides in-depth analysis of edge data centers market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.

The growth of the edge data centers market is mainly attributed to the increasing need for edge data centers for industrial IoT applications, the growing demand for low-latency processing and real-time automated decision-making solutions, and the increasing utilization of edge data centers in online video streaming. The high upfront capital expenditure required to implement edge data centers restrains the growth of this market.

Asia-Pacific is expected to account for the largest share of the edge data centers market, followed by North America, Europe, Latin America, and the Middle East & Africa. The Asia-Pacific region is projected to register the highest CAGR during the forecast period. The major factors driving the market’s growth are the rising adoption of advanced technologies, such as IoT and cloud computing, increasing demand for low-latency applications, the need to alleviate network congestion, improve overall network efficiency, and the increasing need for real-time analytics.

Additionally, the emergence of autonomous vehicles and the commercialization of 4G technology are expected to generate growth opportunities for the players in this market. Data privacy and security concerns are a major challenge for market growth. Furthermore, the rising adoption of IoT devices across industries and the growth in 5G networks are prominent trends in the edge data centers market.

Based on type, the global edge data centers market is broadly segmented into metro edge data centers and mobile edge data centers.

In 2023, the metro edge data centers segment accounted for the larger share of the global edge data centers market. The large share of this segment is mainly attributed to the growing deployment of 5G networks, increasing data traffic, and the need to provide localized cloud computing resources for businesses and organizations. However, the mobile edge data centers segment is projected to grow at the highest CAGR during the forecast period.

Based on component, the global edge data centers market is segmented into hardware, software, and services.

In 2023, the software accounted for the largest share of the global edge data centers market. The large share of this segment is mainly attributed to the increasing demand for workload orchestration, resource allocation, real-time data analysis, and rising demand for ultra-low latency applications. This segment is projected to record the highest CAGR during the forecast period.

Based on deployment mode, the global edge data centers market is segmented into on-premise deployments and cloud-based deployments.

In 2023, the cloud-based deployments segment accounted for the larger share of the global edge data centers market. This segment is projected to record the highest CAGR during the forecast period. The segment’s large share can be attributed to the increasing need to efficiently allocate resources, rapidly deploy applications and services closer to end users, and reduce latency while improving performance. This segment is projected to record the highest CAGR during the forecast period.

Based on organization size, the global edge data centers market is segmented into large enterprises and small & medium-sized enterprises.

In 2023, the small & medium-sized enterprise segment accounted for the larger share of the global edge data centers market. This segment is projected to record the highest CAGR during the forecast period. The segment’s large share can be attributed to the increasing demand for real-time processing and localized data management, enabling a competitive edge, optimizing operations, and accelerating the digital transformation journey.

Based on application, the global edge data centers market is segmented into artificial intelligence, Internet of things, AR/VR, telemedicine, 5G & 4G infrastructure, autonomous vehicles, video/live streaming, network functions virtualization, and other applications.

In 2023, the 5G and 4G infrastructure segments accounted for the largest share of the global edge data centers market. The large market share of this segment is mainly attributed to the rising demand for ultra-low latency applications, growing adoption of 5G networks, and growing adoption of edge data centers for high bandwidth in 5G infrastructure. However, the artificial intelligence segment is projected to record the highest CAGR during the forecast period.

Based on end-use sector, the global edge data centers market is segmented into IT & telecommunications, automotive, transportation & logistics, healthcare, energy & utilities, manufacturing, government & defense, retail, and other end-use sectors.

In 2023, the IT & telecommunications segment is expected to account for the largest share of the global edge data centers market. The large share of this segment is mainly attributed to the increasing demand for low-latency and high-bandwidth communication, real-time data processing, and the need to reduce the risk of data breaches during transmission while ensuring compliance with data protection regulations in the sector. This segment is projected to record the highest CAGR during the forecast period.

Key questions answered in the report:

Which are the high-growth market segments in terms of type, component, deployment mode, organization size, application, and end-use sector?What is the historical market for edge data centers across the globe?What are the market forecasts and estimates from 2023-2030?What are the major drivers, restraints, and opportunities in the global edge data centers market?Who are the major players in the global edge data centers market, and what shares of the market do they hold?Who are the major players in various countries, and what shares of the market do they hold?How is the competitive analysis?What are the recent developments in the global edge data centers market?What strategies are adopted by the major players in the global edge data centers market?What are the geographical trends and high-growth countries?Who are the local emerging players in the global edge data centers market, and how do they compete with the other players?

Market Insights

Factors Affecting Market Growth

Impact Analysis of Market DynamicsRising Need for Efficient Data Collection and ManagementIncreasing Demand For Low-latency Processing and Real-time Automated Decision-making SolutionsGrowth in Online Video Streaming Driving the Utilization of Edge Data CentersHigh Costs of Implementing Edge Data Centers Limiting Adoption among Small & Medium-sized EnterprisesEmergence of Autonomous Vehicles Driving theUse of Edge Data Centers for Low-latency Inter-vehicle CommunicationsCommercialization of 4G Technology Creating Market Growth OpportunitiesData Privacy & Security Concerns to Remain Major Challenges In the Utilization of Edge Data CentersRising Adoption of IoT Devices Across IndustriesGrowth in 5G Networks

Porter’s Five Forces Analysis

Comparison Between Traditional Data Centers And Edge Data Centers

Companies Featured

Dell Technologies Inc. (U.S.)Cisco Systems Inc. (U.S.)Eaton Corporation plc (Ireland)Fujitsu Limited (Japan)Schneider Electric SE (France)Hewlett Packard Enterprise Company (U.S.)Huawei Technologies Co. Ltd. (China)IBM Corporation (U.S.)NVIDIA Corporation (U.S.)Mitsubishi Electric Corporation (Japan)Equinix Inc (U.S.)American Tower Corporation (U.S.)Cyxtera Technologies Inc. (U.S.)ABB (Switzerland)Nxtra Data Limited (India) (a subsidiary of Bharti Airtel Limited)Zenlayer Inc. (U.S.)Switch Inc. (U.S.)Vertiv Group Corporation(U.S.)Nokia Corporation (Finland)EdgeConneX Inc. (U.S.)Reichle & De-Massari AG (Switzerland)Ubiquity Management LLC (U.S.)Vapor IO Inc. (U.S.).

For more information about this report visit https://www.researchandmarkets.com/r/4g5now

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/global-edge-data-centers-metro-mobile-business-research-report-2024-low-latency-processing-and-real-time-automated-decision-making-solutions-fueling-demand—forecasts-to-2030-302074594.html

SOURCE Research and Markets

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

CGTN AMERICA & CCTV UN: Peng Liyuan chats over tea, visits exhibition with wife of Egyptian president

Published

on

By

Peng Liyuan, wife of Chinese President Xi Jinping, chatted over tea and visited a small handicrafts exhibition with Entissar El-Sisi, wife of Egyptian President Abdel Fattah El-Sisi, on Wednesday.

WASHINGTON, Sept. 3, 2026 /PRNewswire-PRWeb/ — (This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.)

Peng Liyuan, wife of Chinese President Xi Jinping, chatted over tea and visited a small handicrafts exhibition with Entissar El-Sisi, wife of Egyptian President Abdel Fattah El-Sisi, on Wednesday.

Peng had a cordial exchange with Entissar on China-Egypt friendship and people-to-people exchanges.

Egypt has a long history and a profound cultural heritage, Peng said, noting that the exquisite exhibits fully showcased the wisdom and unique aesthetic sensibilities of the Egyptian people.

China and Egypt share many cultural similarities, Peng said, expressing hope that artists from the two countries would strengthen exchanges and cooperation to allow traditional crafts to continue to shine with renewed vitality through inheritance and mutual learning.

Click here for more about Peng Liyuan chats over tea, visits exhibition with wife of Egyptian president

https://news.cgtn.com/news/2026-09-02/Peng-chats-over-tea-visits-exhibition-with-wife-of-Egyptian-president-1Q7eqvF7hsY/p.html

Media Contact

Yao, CGTN America, 1 2023931850, distribution@cgtnamerica.com

View original content:https://www.prweb.com/releases/cgtn-america–cctv-un-peng-liyuan-chats-over-tea-visits-exhibition-with-wife-of-egyptian-president-302869419.html

SOURCE CGTN America

Continue Reading

Technology

Mid Island Y JCC Announces Historic Naming Gift from Dr. Harvey Manes and the Manes Peace Prize Foundation; Agency to Become Manes JCC

Published

on

By

PLAINVIEW, N.Y., Sept. 3, 2026 /PRNewswire/ — Mid Island Y JCC, Long Island’s leading Jewish community center announced last night that it received a transformative naming gift from longtime member Dr. Harvey Manes and the Manes Peace Prize Foundation. In recognition of the gift, the agency will officially be renamed Manes JCC.

The announcement was made Wednesday evening during a community-wide celebration at the agency’s Plainview location, drawing members, neighbors, and supporters from across Long Island. The event featured remarks from Mid Island Y JCC CEO Rick Lewis, board leadership, and Dr. Manes, along with the unveiling of the agency’s new name.

“Philanthropy is not an add-on to what we do at Mid Island Y JCC; it is the reason our programs, spaces, and services exist today,” said Rick Lewis, CEO of the agency soon to be known as Manes JCC. “We have grown and flourished for 70 years because people who believe in this community have chosen to invest in it. This gift from Dr. Harvey Manes and the Manes Peace Prize Foundation is the newest, and one of the most significant chapters in that story.”

Dr. Manes is an orthopedic surgeon, attorney, author, and philanthropist. A longtime member of Mid Island Y JCC, his relationship with the agency began in an exercise class and deepened over time. He previously supported the naming of the agency’s Arts and Culture Center, and that growing commitment has now culminated in this landmark gift from Dr. Manes and the Manes Peace Prize Foundation, which he oversees with his children.

“This organization has given so much to this community for so long, and I have felt that impact firsthand,” said Dr. Manes. “The Manes Peace Prize Foundation and I are proud to be part of the next chapter of this agency, and we hope this gift will help it do even more for the people for our community and those who need it most.”

The gift will fund a combination of immediate capital improvements and longer-term investments in the agency’s facilities and programs. Three projects are already underway: resealing and restriping the parking lot ahead of members’ return in September, installing a new floor in the group fitness studio, and replacing fitness center equipment that has been in place since the facility’s 2012 renovation.

“These three projects are just the beginning,” said Vicki Diamond, President of the Manes JCC Board of Directors. “In the coming weeks and months, our board and leadership will determine how the remainder of this extraordinary gift will be put to work, and we cannot wait to share those plans with our community as they take shape.”

Agency leaders regard the gift as transformative while recognizing the ongoing generosity that has always sustained the organization.

“We are beyond grateful to Dr. Harvey Manes and the Manes Peace Prize Foundation,” Diamond added. “This gift is not a finish line. It is fuel for a community that has always shown up for itself and one that we are counting on to continue showing up.”

The name change represents an investment in the organization’s future, not a change to its mission. Manes JCC will continue to operate as a Jewish Community Center serving individuals and families of every age, background, and faith. Its programs and services span early childhood education and daycare, camp, school-age enrichment, fitness and aquatics, adult and senior services, memory care, special needs programming, and community-wide events.

About Manes JCC

Formerly known as Mid Island Y JCC, Manes JCC is a nonprofit Jewish Community Center whose programs, services, partnerships, and community impact reach individuals and families throughout Long Island. For 70 years, the agency has provided programs and services spanning early childhood education, camp, school-age enrichment, fitness and aquatics, adult and senior services, memory care, special needs programming, and community-wide events. Manes JCC welcomes members and neighbors of all ages, backgrounds, and faiths.

For more information, visit miyjcc.org.

Wendy Klonsky wklonsky@miyjcc.org or (516) 822-3535, x338

View original content to download multimedia:https://www.prnewswire.com/news-releases/mid-island-y-jcc-announces-historic-naming-gift-from-dr-harvey-manes-and-the-manes-peace-prize-foundation-agency-to-become-manes-jcc-302869436.html

SOURCE Mid Island Y JCC

Continue Reading

Technology

New asset management platform to help communities build smarter receives federal investment

Published

on

By

PrairiesCan supports Regina company advancing AI-enabled asset management technology

REGINA, SK, Sept. 3, 2026 /CNW/ — At each defining moment in its history, Saskatchewan has responded by building. In the province’s early decades, communities built the roads, schools, hospitals and communications networks needed to connect people across vast distances and lay the foundations of a growing province.

As Saskatchewan entered the post-war era, it built again. Highways expanded, rural communities gained access to electricity and telephone service, and new industries took root in energy, mining and manufacturing.

Today, Saskatchewan and Canada face another defining economic moment. As we respond to new and unjustified U.S. tariffs, governments across the country are focused on what they can control: building strength at home. That means building the homes, infrastructure and major projects Canada needs, while supporting Canadian companies developing technologies that help communities build smarter, plan better and make more informed investments.

Today, the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan), announced $980,000 in repayable funding for Asset Strategy Inc., operating as ASI Engineering, to further develop its proprietary asset management platform, ASI Software.

Municipalities and other organizations rely on roads, buildings, water systems and other public assets to deliver services, attract investment, and support long-term economic growth, particularly as communities work to strengthen resilience and position themselves for future opportunities. Maintaining clear, up-to-date information about these assets is essential for planning maintenance, anticipating future needs and ensuring limited resources are directed where they can have the greatest impact.

ASI Software will bring this information together through a cloud-based registry and client dashboard. The platform will provide visual summaries of asset conditions, track budgets over time and identify projected funding gaps and infrastructure deficits. AI-enabled reporting tools will support continuous monitoring and help organizations make better-informed decisions about what to maintain, upgrade, or build next.

By supporting Saskatchewan technology that helps communities plan and build with greater confidence, the Government of Canada is helping ASI Engineering bring its platform to market, pursue new opportunities at home and abroad, and contribute to stronger, more resilient communities.

Quotes

“At defining moments in its history, Saskatchewan has responded by building. Today, as Canada navigates a changing global economy, we are building strength at home by supporting Canadian businesses developing the technologies we need to build smarter. ASI Engineering’s new platform will help communities make more informed investments, strengthen their infrastructure and get better value from the assets people rely on every day.”
–The Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan)

“When we support Saskatchewan businesses like ASI Engineering, we’re investing in world-class innovation developed right here at home. This nearly $1 million in federal support from PrairiesCan will help the company bring new technology to market so that they give clients better information to manage their infrastructure, control costs, and plan for the future.”
–The Honourable Buckley Belanger, Secretary of State for Rural Development

“This support will help speed up ASI Software’s development, bring it to market sooner, and help organizations better manage assets, reduce risk, prioritize investments, and create a positive impact on society faster.”
–Darren Wiebe, Founder & CEO, ASI Engineering

Quick facts

ASI Engineering expects to expand their market reach to the United States and Europe within the next two years.Support for ASI Engineering is provided under the Business Scale-up and Productivity Program (BSP), which offers interest-free, repayable funding for high-growth businesses that are seeking to improve productivity, scale-up, and commercialize technology.ASI Engineering plans to add climate adaptation and risk-modelling tools to help organizations prepare for wildfires, flooding and other infrastructure threats.Future updates to ASI Software will integrate AI, 3D building management and digital twins (live virtual models of physical objects, systems or processes) to strengthen condition assessments, identify risks and support better infrastructure decisions.

Associated links

Prairies Economic Development Canada (PrairiesCan)Business Scale-up and Productivity (BSP) in the Prairie provincesAsset Strategy Inc. (ASI Engineering)

Stay connected

Follow PrairiesCan on FacebookInstagram and LinkedIn

Toll-free number: 1-888-338-9378
TTY (telecommunications device for the hearing impaired): 1-877-303-3388

SOURCE Prairies Economic Development Canada

Continue Reading

Trending